Momentum Podcast: 836
Termination Lessons Learned
by Alex Charfen
Introduction
Ending an employment relationship with someone is never easy. When someone works with you and it comes time to wrap things up. It is one of the most challenging experiences as a business owner. I look at all the layoffs that are happening right now in the world. A lot of tech companies are laying people off, and I know the people who sent those emails to let people know that they were no longer working with the company had a hard time doing it because that's just how it is. It's never easy to end a relationship, but in my early career, I ended relationships in a way that was challenging, in a way that burned bridges, in a way that did not continue the relationships. And I'm so glad that I've learned lessons from how I used to be to how I am today. And I'd like to share that with you.
Episode Description
Ending a professional relationship is never easy, especially when it involves someone you've worked with. This is especially true for business owners, who often find themselves having to let employees go. In my early career, I had a tendency to handle these situations in a reactive manner, which often resulted in burned bridges and ended not just the professional relationship, but the personal one as well. However, I've learned from my mistakes and now approach these situations differently.
When I had to end my relationship with Jeremy Bergeron, I was determined not to let it affect our personal relationship. I sat down with him and explained the situation, making sure he understood that while our business relationship was changing, I still valued our friendship. Years later, Jeremy and I are still friends, and he may even be returning to work with my company in a new venture.
In this podcast, I will share what these lessons have taught me. Namely, that as an entrepreneur, you don't have to make someone wrong or react with frustration or anger when ending a professional relationship. You can handle it in a way that allows for a continued personal relationship.
If you are ready to get out of your business's day-to-day, go to simpleoperations.com and register for a call with our team.
Full Audio Transcript
Thank You For Listening!
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With gratitude,
Alex
- As an entrepreneur, you don't have to make someone wrong or react with frustration or anger when ending a professional relationship. You can handle it in a way that allows for a continued personal relationship.
